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Euros Eat Their Words as Own Bailouts Loom

A week after ripping US for crisis, dismissing need for own plan, Brown et al. retool

By Clay Dillow, Newser Staff

Posted Sep 30, 2008 2:38 PM CDT

(Newser) – European leaders are eating their words a week after criticizing the US for allowing its banks to run dry and engineering a system-wide bailout for financial firms, Bloomberg reports. Governments across Europe, including Germany, the UK, Belgium and France bailed out banks across the continent... Read full story »

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Euros Eat Their Words as Own Bailouts Loom

A week after ripping US for crisis, dismissing need for own plan, Brown et al. retool

Angela Merkel • Germany • Nicolas Sarkozy • France • economics • Gordon Brown • Britain • bailout • banks

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Belgium Bails Out Failing Dexia

Belgian division to be nationalized; Belgium, France offer guarantees

Obama Keeps Snubbing Sarko

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France, Germany Discussing Pared Down Euro Zone

Controversial plan means some countries would be out

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